The survey, conducted by consulting firm Mercer, shows that more than 40 employers expect higher costs for their employee health-insurance benefits in 2009. The respondents estimated a cost increase of 8...
Health insurance costs are influenced by several factors. Below is a breakdown of how each factor impacts costs: Age: Health insurance premiums increase with age due to higher health risks. The Affordable Care Act allows insurers to charge older adults up to three times more than younger indivi...
"Competition may be substantial," said Hirth, who is also the research director for the U-M Center on Value Based Insurance Design. "Based on our estimates, if an insurer tries to impose a large increase, it would see its market share decline 1-2 percent for every 1 percent increase in...
As healthcare costs rise in Florida, insurers and hospitals vested in the success of the Affordable Care Act, are coming up with new ways to cut costs from buying services in bulk and piloting programs to lowering hospital readmission rates and limiting the number of doctors within a plan's ...
The cost of health insurance provided by employers in Asia Pacific is expected to rise in 2011 by more than 10%, according a Towers Watson’s survey of 170 health insurers in 37 countries throughout Asia, Africa, Europe and the Americas. ...
She said capital-intensive companies spend more of their total compensation on health insurance, possibly because they have higher proportions of high-skill, high-wage workers who expect better insurance and other benefits. It's also possible that high equipment costs and other such expenditures simpl...
Healthcare gets more expensive with the growing population and rising average life expectancy. Also, 50.0% of the increase in healthcare spending comes from the increased costs for services, particularly inpatient hospital care. Furthermore, increasing incidences of chronic conditions such as heart dis...
The affordability of health care is a huge issue for consumers, with many Americans stating they have delayed or avoided needed care due to cost. Well, this coming year, the costs may increase even more, when the suspension of the Health Insurance Tax expires in 2020. ...
Health insurance premiums vary widely across the U.S. according to where you live and work, how old you are, your income, and more.
Life Insurance Needs Increase In addition to health coverage, most individuals really do need life insurance once they have a family. But it need not cost you a bundle to give your loved ones a financial safety net. First, consider getting a term policy, which only stays in force for a ...